<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > March savings update
 

March savings update

March 4th, 2015 at 09:05 am

I recently wrote a post about what our savings goals are for this year. That is, we hope to be able to transfer $1,000.00/month into our savings account each month. As I said in my previous post, we had an unexpected $800.00 medical bill from my husband's surgery that we had to pay, so we were really hoping to transfer $200.00 this month.

Well, after getting paid on Monday, we're going to be able to transfer a whopping $1,060.00 this month! We are turning around and paying $540.00 of that for our phone plans sinking fund. We also just paid $28.00 for school pictures because our daughter has her pictures today.

So, the total amount we need to save for our sinking funds this year (it's changed a little bit) is $6,914.00
The amount we have already saved and spent is $1,233.19
The amount we have in savings as of 3/4/15 is $3,441.84
Our amount left to save is $2,238.97!!!

At the rate we have been going, we just might be able to knock that out after April's savings transfer and our tax refund of $800.00 that we will hopefully receive this month and about half of May's transfer!! As long as the hubs is able to get his 8 hours/week of overtime we should be set. The only scary thing is that his work keeps saying that they are cutting overtime for the week and then they for some reason end up allowing him to work overtime. So fingers crossed that he'll be able to get his overtime for a while.

2 Responses to “March savings update”

  1. VS_ozgirl Says:

    Nice work with the savings!

  2. FrugalTexan75 Says:

    It sounds like you are on track!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]